The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

  Kabul / AFP The Afghan Taliban on Wednesday announced Haibatullah Akhundzada as their new leader, elevating a low-profile religious figure in a swift power transition after officially confirming the death of Mullah Mansour in a US drone strike. The surprise announcement coincided with a Taliban suicide bombing that targeted court employees near Kabul, killing 11 people in an assault …

  Colombo / AFP Sri Lanka appealed on Wednesday for foreign aid to recover from massive floods that caused an estimated $2 billion worth of damage and claimed more than 100 lives. Finance Minister Ravi Karunanayake said 35,000 homes were damaged in last week’s floods triggered by the heaviest rain for early 25 years, with the capital Colombo the hardest …

  Beirut / AFP Kurdish-Arab forces launched a major assault against the IS in Syria’s Raqa province and Iraqi forces advanced on it in Fallujah, piling pressure on the extremists in two strongholds. The twin offensives marked some of the most serious ground efforts against IS since the group declared its self-styled “caliphate” straddling the Syrian-Iraqi border in 2014. Territory …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …